The board of directors of Sitoy Group Holdings Limited announced that Dr. Lau Kin Shing, Charles will resign as the company secretary of the Company, an authorised representative of the Company for the purpose of Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and an authorised representative of the Company for accepting on the Company's behalf service of process or notice to be served on the Company in Hong Kong under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) with effect from 29 September 2020. Dr. Lau will remain as an executive Director after his resignation of the above positions of the Company, so that he can devote more time to focus on the development of the Group's retail business. The Board further announced that Mr. Wong Yu Kit ("Mr. Wong") will be appointed as the Company Secretary and Mr. Yeung Andrew Kin ("Mr. Yeung") will be appointed as the Authorised Representative and the Process Agent with effect from 29 September 2020. Mr. Wong is a vice president of SWCS Corporate Services Group (Hong Kong) Limited.